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According to the public record, 6, Lower Street, Wolverhampton is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 911 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 6, Lower Street, Wolverhampton is £171,900 and the estimated rental value is £918 per month.
Lower Street, Wolverhampton, WV6 is located in the borough of City of Wolverhampton within the WV6 postal district.
6, Lower Street, Wolverhampton has a single entry in the Land Registry from December 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 6, Lower Street, Wolverhampton is in very good condition we estimate a sale value of £180,495 and a rental value of £964 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £159,867 and a rental value of £854 per month.
Over the last 12 months the sale value of 6 Lower Street Wolverhampton has increased by an estimated £5,297 (3.1%) and its rental value has increased by an estimated £42 per month (4.6%), giving an expected gross yield of 6.4%.
According to HM Land Registry, 6, Lower Street, Wolverhampton was last sold on 17th December 2015 for £120,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2015, the market for similar properties has risen 14.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Lower Street, Wolverhampton within a radius of 640 metres over the last 2 years.
The most recent example is 5, St. Michaels Court, Wolverhampton, WV6 9AD, a freehold house which sold for £130,500 on the 19th December 2023.
Read more about house prices in WV6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Street, Wolverhampton, WV6 has a total of 96 addresses. According to our analysis of all the public data, 6, Lower Street, Wolverhampton is the 49th largest and the 59th most expensive property on the street.
When compared to the postcode district it is £118k less expensive than the average property in WV6.
The closest station to 6, Lower Street, Wolverhampton is Wolverhampton station which is 3.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 6, Lower Street, Wolverhampton, 46.4% of property is privately owned outright and 28.6% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 6, Lower Street, Wolverhampton, 13.3% of residents are recorded as possessing school level qualifications and 50.7% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 6, Lower Street, Wolverhampton, the average age was 41.9 and the most common age was 52.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 6, Lower Street, Wolverhampton, 0.4% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 6, Lower Street, Wolverhampton, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.